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're going to do it my way or no other way? we're going to raise it to 90 -- to 39.6%. steve rattner had a great column yesterday. >> it's a must-read. >> you know there's more than one way to skin a cat, more than one way to raise over a trillion dollars in revenues. it doesn't just have to be the president's way. is the white house going to insist on the 39.6% tax rate, or will they consider the loophole part of it plus capital gains, plus a couple of other things? >> well, it looks to me like the white house has learned something over the course of the last four years which is that you don't start a negotiation by negotiating against yourself. >> right. >> you know, the president's taking a hard line right now because he feels as though he campaigned on this issue pretty strongly for the past year. but the president has been willing to compromise on a lot of things in the past and, you know, it's right for him to stake out a tough negotiating position and then maybe make his way to a less strident or a less -- not strident -- but a less -- a more flexible position down the road. >> yo
thrilled. steve israel, the chairman of the dccc put out a fund-raising e-mail saying that paul ryan. they planned -- >> however good you think that is, it didn't work. what did he -- >> let me address that. he actually won the seniors vote. i think he has opened up the possibility both for president obama and congressional republicans, and you saw this in this poll that came out, center left organization, talking about people are open on entitlement reform in a way they haven't been in the past and i think romney/ryan broke through a little bit on that. other policy areas. look, republicans have to do a better job over the next couple years, particularly the republican think tank community, has to do a better job of thinking through about how to talk about middle class economics and go into the r and d business. i'm a supply sider, i'm as much of a believer in, you know, pro growth supply side economics as anybody, but the anchor for every one of our debates about our economic future, cannot simply be about marginal tax rates as much as i support keeping marginal tax rates low. we h
point that steve rattner made over the weekend which is all the guys and the women i know on wall street, none of them have ever become less energetic, less workaholics because of the capital gains rate at 25%. >> or 39.6%. >> hey, can i ask you about that, because -- help me understand this. we have a lot of people talking about how we need to 0 raise more taxes. >> sure. >> and i hear -- i hear the president talking about moving the top tax rate up to 39.6%. and i'm just wondering, is that as equitable an approach when a lot of really rich guys and women look at that 39.6%? right now i'm never going to pay that. >> yeah. >> would it be better to raise the capital-gains tax and say 15 to 20 or 15 to 25 percent would that help with income disparity a bit more? >> well, that's why i suggest a minimum tax, because you're absolutely right. of the 400 highest incomes in 2009, which average $200 million apiece, a quarter of the people paid at a rate under you 15%. so the only way to get it back is to have a minimum tax. >> how many of those would you bet, if you had to make a bet, paid 39.6%?
Search Results 0 to 2 of about 3